SMTP is a continuous improvement process. Better algorithms are being identified constantly. After a suitable period of real-time evaluation, the best of these will replace the existing Trading Algorithms. Some of the candidates are listed in the following table.
Comparison of the 2 existing Trading Algorithms versus 4 others under evaluation.
| Algorithm Name | Start date | No. of Trades | Total Return | YTD Return | Gain / Loss per trade | Average Hold Duration | Duty Cycle | Drawdown |
| Alg A-rev 1 | 01-May-17 |
468 |
96.7% | 18.6% | 0.90% | 4.4 days | 40.2% | 8.3% |
| F_Alg M-rev 1 | 29-May-20 | 337 | 41.1% | 15.8% | 0.66% | 3.7 days | 81.0% | 9.1% |
| Algorithm U | 16-Apr-18 | 493 | 69.6% | 22.6% | 0.73% | 5.2 days | 77.3% | 14.4% |
| Algorithm M | 28-Feb-19 | 707 | 106.5% | 11.6% | 0.68% | 3.4 days | 82.6% | 11.5% |
| Algorithm N | 31-Aug-20 | 302 | 46.1% | 31.9% | 0.81% | 3.3 days | 81.9% | 8.4% |
| Algorithm P | 18-Jul-18 | 452 | 24% | 28.5% | 0.33% | 4.7 days | 66.0% | 14.7% |